@EskimoBob: Click below. I'm accepting it. It seems much more friendly to merchants than BTC. BTC is treated like gold as if ever one is going to be a ghetto fabulous quazillionaire if they get just one coin.

Maybe litecoin will be fucked beyond all recognition from speculation 12 months from now but it seems to be starting off on the right foot.

LTCs are a bargain right now considering they're trading for less than what it costs to mine them... at least for my system anyway. Sometimes I wish I still worked in a computer lab with access to a few dozen desktop machines.

... As soon as a bank charges a fee (even a small one like I get charged) it's suddenly a greedy bank ... so I guess ALL exchanges are greedy also since they charge more than my bank transfer costs? ...Yes many banks are greedy and many charge ridiculous fees, but, well, find a way around it

If LTC can do it for <0.0N LTC flat ... sounds like a good deal to me.Now, if we can build LTC "marketing" based on hard facts like numbers - how Panucci's Pizza can save 5K USD in transaction fees per year - then people get curious and start adapting LTC for real life use. If Mr Panucci can buy flour for LTC, he has no need to go and feed the exchange or the bank.

LTC has 2 enemies at the moment:

1) unstable price 2) nonexisting real life use

BTC is no better but I like to buy coffee for BTC from http://bitbrew.net/Hopefully they start accepting LTC soon.

If you really give shit about LTC, find a way how to spend it (exchange for goods and services) or convince your favourite shop keeper to accept it as a way to transfer funds.

Basing it on bitcoins and making it CPU friendly was a smart move. Is the generation process something that can never be done in OpenCL/CUDA? or will someone eventually write that code and mess things up?

One of the things that I don't quite understand is why you chose 2.5minute block time. One of the main problems for bitcoins are in real-time transactions - was that like the lowest technically feasible time for true transactions to propagate the network or something?

Basing it on bitcoins and making it CPU friendly was a smart move. Is the generation process something that can never be done in OpenCL/CUDA? or will someone eventually write that code and mess things up?

One of the things that I don't quite understand is why you chose 2.5minute block time. One of the main problems for bitcoins are in real-time transactions - was that like the lowest technically feasible time for true transactions to propagate the network or something?

The faster you make the block chain, the more quickly it grows in size... To keep it from becoming massive, you need to choose a reasonable block time size. GG proved that you can have insanely high block generation rates, but I think you still potentially risk clutter by having it too large.

Scrypt is difficult for GPUs to perform, so far no one has really proved a faster GPU miner

Not sure if anyone is paying attention, but the number of "Other" miners has fallen to nearly 40%, and it seems the bulk of people are now mining in pools. I think the golden era of litecoin may be coming.

I recently installed litecoin-windows-client-0.5.0.9 on Windows 7. What I had done to install was unzip the file onto my Win Desktop andin the folder, double clicked the executable.

Unlike the bitcoin client, it did not create a program entry in Windows /program menu, so I had to make a shortcut to the executable.Also Litecoin does not appear in my Windows Program Lists, unlike the Bitcoin Client which does.

Now I would like to uninstall Litecoin client from this PC for now, how do I go about that? I have already secured my Litecoin wallet.

I do see the Litecoin installation under the Windows "Roaming" directories, similar to Bitcoin, but I have no clue as to uninstalling it.